People can own property in Burma. But property rights are insecure and government can seize private property at any time. 

South Africa is considered by the United Nations to be a developed nation like Germany and Canada. 

GDP per capita is useful but does not tell us very much about other variables in a country, for example, life expectancy. There is little correlation.  

The World Bank tracks the number of people who live on less than the equivalent of $2 a day. This is an example of tracking relative poverty.  

The key reason for the economic decay in Burma is that: 

The act of foreign direct investment is thought of as private sector activity, as opposed to public sector activity. 

The USA uses a construct called the poverty line to measure poverty in the nation. 

 The silk road helped Chinese silk go to Rome. But, it was then banned because: 

Caracas is the capital of Venezuela. It has become a very dangerous area, with the murder rate skyrocketing to the highest in the world.  

The long run supply of currency is generally less vertical than short run supply